Millennium Place Boston – The New Face of Boston Luxury Real Estate

Millennium Place Boston is, simply put, one of the best luxury buildings Boston has seen in a long time – and sales are on fire. With almost 30 percent of Millennium Place condos under contract only 7 weeks after the opening of their sales center, Millennium Place Boston could prove itself to be one of the fastest selling Boston luxury buildings. The developer, Millennium Partners, set out to make Millennium Place Boston one of Boston’s most sought-after addresses, and the sales numbers speak for themselves. With an impressive international portfolio including the Ritz-Carlton Hotel Company, LLC and the Four Seasons Hotels & Resorts, Millennium Partners knows luxury. In fact, their Millennium Tower in San Francisco was ranked as one of the top 9 residential buildings in the world.

Millennium Partners saw the need in Boston’s real estate market for a new luxury building, and put everything on the table. While most Boston developers decided to go the easier route of building rental buildings over the past few years due to financing restrictions, Millennium Partners bucked the trend. They are most certainly reaping the benefits.

With Boston condo inventory at practically its lowest point in 10 years and interest rates extremely low, Millennium Place is positioned to sell fast. Located in Midtown across from the Ritz-Carlton Residences Boston, the 15-story building consists of 256 luxury condos ranging in size from 775 sq. ft. one-bedrooms to 2,360 sq. ft. Penthouse three-bedrooms. Millennium Place features 4 unique living experiences: Garden Residences, Theatre Residences, Residences on the Avenue and Grand Residences. Many of the 14 exquisite Penthouses offer spectacular private roof decks and exceptional views. Projected completion is scheduled for late summer – fall of 2013.